IMO that depends on whats reported for earnings next quarter. CBM They totally blew away the sales and earnings estimate. This on improving margins. It remains to be seen if this was an aberration or the start of a trend. Until yesterday, this stock went North and closed higher for 12 straight days. Some profit taking yesterday. If this up and coming quarter can deliver like the last. I don't think the stock will look back at ten. If I'm wrong. You most likely will have your buying opportunity.
yes it certainly got ahead of itself, dramatically above even the 5 day MA. Approaching the 13 day, and that will be a reasonable place to expect some support. It might take a few days to work off the selling before the next punch higher.